Crypto

HMRC is sending out a new round of “nudge” letters about cryptoasset transactions. If you get one, don’t panic, but definitely don’t ignore it either! It’s crucial [...]

The Chartered Institute of Taxation (CIOT) and its Low Incomes Tax Reform Group (LITRG) have issued a press release today warning Cryptoasset investors to keep up-to-date records to ensure they [...]

As we near the end of tax year, below are some tips and guidance to assist you in being proactive in managing your crypto tax liability. Transactions will need to be executed by 5 April 2024 to [...]

The end of the 2023/24 tax year is approaching and below are some thoughts about being proactive in managing your crypto tax liability. Transactions will need to be executed by 5 April 2024 to [...]

Individuals who have acquired, sold, or traded cryptoassets may be liable for income tax or capital gains tax (CGT), which must be disclosed in a self-assessment tax return due by 31 January [...]

Understanding UK Crypto Tax Filing for 2022/23 Many crypto investors in the UK will file a tax return for the first time for the tax year 2022/23. Whether you are a seasoned crypto enthusiast or [...]

Read the latest article in the Tax Journal written by Dan Howitt of Recap.io (our crypto tax software partners), discussing the shortcomings of HMRC’s proposed crypto tax framework for [...]

In addition to contributing to the CryptoUK response to the HMRC DeFi tax consultation we have collaborated with Recap our crypto tax software partner, to submit our own representations. [...]

Our partners over at Recap.io have written an article ‘Crypto Asset Reporting Framework: Industry experts share the potential impact of new regulations’ after polling crypto experts, including [...]

In a very positive move for the UK crypto industry, the Crypto and Digital Assets Group, an All Party Parliamentary Group (APPG) comprising MPs and Lords in the UK Parliament, has recently [...]